Judging by the latest and daffiest idea to waft from Ms. Murkowski’s office, she may not want a bill at all. Last fall, the Senate environment committee approved a cap-and-trade scheme that seeks to limit greenhouse gas emissions by putting a price on them. The Democratic leadership’s plan is to combine the bill with other energy-related measures to broaden the base of support; by itself, it cannot pass.
Knowing that the bill is not ripe, Ms. Murkowski may bring it up for a vote anyway as an amendment to the debt bill. Why? To shoot it down. The tactic would give us a “barometric reading” of where the Senate stands on cap-and-trade, one Murkowski staffer said recently. What it really gives us is a reading on how little the senator — or for that matter, her party — has to offer.